Dunno about the wisdom of throwing the baby out with the bathwater because of fear that the market is due for a big correction ....
But I can understand how some may feel that way and play it accordingly.
I still prefer to treat individual stocks on their merits and hold them until their uptrend is violated.
I only ever buy uptrending stocks or stocks that give a clear reversal signal ... selling too soon can cost one dearly.
But once they break the trend it's 'out they go' ... and they stay out until a positive trend re-emerges.
Let the winners run and cull the losers (quickly and unemotionally)
Going 100% cash on the back of fear of what might happen is not something I would normally contemplate.
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Last
$71.26 |
Change
0.920(1.31%) |
Mkt cap ! $13.84B | |||
| Open | High | Low | Value | Volume |
| $70.35 | $71.28 | $70.35 | $19.43M | 273.5K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 3 | 2423 | $71.00 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $71.28 | 781 | 1 |
View Market Depth
| Last trade - 16.10pm 23/07/2025 (20 minute delay) ? |
| ASX (ASX) Chart |